The price of electricity continues to be very high while waiting for the measures that the Government is working on after the . While the intentions of the Executive are outlined, it is necessary to look at the prices of electricity per hour to know the impact of our consumption on the bill.
A review of electricity prices per hour helps the consumer to have a more complete picture of when it is more expensive (or cheaper) to install electrical appliances at home. The best way to do this is to attend the , the entity that manages the electricity markets in Spain and Portugal.
According to OMIE data, the average price of electricity for this Tuesday, March 29, will be 248.10 euros/MWh, an amount that is far from the prices at the beginning of the month (when the Russian invasion of Ukraine raised them even more ), but which is almost five times higher than what was established a year ago, on March 30, 2021, with 54.77 euros/MWh.
At what time is electricity cheaper?
The lowest price bracket will be at 03:00, when electricity will be at 210 euros/MWh. Between 01:00 and 05:00 the cheapest sections of the day are found (with prices that range between those 210 euros/MWh and 225.74 euros/MWh), so it seems an hour that is not very profitable in terms of energy meet in the morning.
At what time is electricity more expensive?
The first hours and the central hours of Tuesday morning (from 07:00 to 13:00) will be the most expensive, with the highest peak at 09:00 and a price of 279.60 euros/MWh. In the 8:00 p.m. and 9:00 p.m. sections there will be a rebound with prices reaching 263.45 euros/MWh.
Electricity prices per hour on March 29
– From 00 to 01 hours: 240.26 euros/MWh.
– From 01 to 02 hours: 219.36 euros/MWh.
– From 02 to 03 hours: 212.89 euros/MWh.
– From 03 to 04 hours: 210 euros/MWh.
– From 04 to 05 hours: 212.89 euros/MWh.
– From 05 to 06 hours: 225.74 euros/MWh.
– From 06 to 07 hours: 259.1 euros/MWh.
– From 07 to 08 hours: 260.79 euros/MWh.
– From 8 a.m. to 9 a.m.: 274.27 euros/MWh.
– From 9 a.m. to 10 a.m.: 279.6 euros/MWh.
– From 10 a.m. to 11 a.m.: 275 euros/MWh.
– From 11 a.m. to 12 p.m.: 275 euros/MWh.
– From 12 to 13 hours: 274.02 euros/MWh.
– From 13 to 14 hours: 257.78 euros/MWh.
– From 2:00 p.m. to 3:00 p.m.: 248.01 euros/MWh.
– From 15 to 16 hours: 241.11 euros/MWh.
– From 4:00 p.m. to 5:00 p.m.: 236 euros/MWh.
– From 5:00 p.m. to 6:00 p.m.: 246.53 euros/MWh.
– From 6:00 p.m. to 7:00 p.m.: 245.54 euros/MWh.
– From 7:00 p.m. to 8:00 p.m.: 248.18 euros/MWh.
– From 8:00 p.m. to 9:00 p.m.: 260.79 euros/MWh.
– From 9:00 p.m. to 10:00 p.m.: 263.45 euros/MWh.
– From 10 p.m. to 11 p.m.: 250.64 euros/MWh.
– From 23 to 24 hours: 237.38 euros/MWh.
Why does the price of electricity go up?
The main reason for increases that are becoming more and more familiar is the increase in gas prices, which feeds combined cycle plants. Thus, increases in gas have their effect on the price of electricity, since they go hand in hand.
The problem, which has affected citizens especially since the last quarter of 2021, has intensified due to the increase in the price that has led to Russia’s invasion of Ukraine, since the country led by Vladimir Putin is one of the main suppliers of gas. .
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